or


[10/21/21 - 02:08 PM]
Chicken Soup for the Soul Entertainment Expands Production Into India
The company has announced the acquisition of a majority stake in Locomotive Global Inc.
[via press release from Chicken Soup for the Soul Entertainment]

Chicken Soup for the Soul Entertainment Expands Production into India

Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, announced today the acquisition of a majority stake in Locomotive Global Inc.

Locomotive Global Inc., a production company based in India, is led by industry veterans Scott Anderson, former programming and acquisition strategy head for the Hallmark Channel who also was with Starz/Encore and Liberty Media Corporation, and Sunder Aaron, co-founder of QYOU Media India and former EVP for Sony Pictures Television Networks India. Locomotive Global is currently producing and developing a number of original productions including an original series in development with Amazon Prime Video, as well as Indian local language remakes of well-known series including Ray Donovan for Netflix India.

"Expanding into India has been a top priority for us in our international expansion strategy and we are excited to be entering the market with an ambitious company like Locomotive Global," said William J. Rouhana Jr., chairman and chief executive officer for Chicken Soup for the Soul Entertainment. "This acquisition allows us to utilize Locomotive's revenue, cash flow and presence in India as a base for further expansion in the region. We look forward to backing Locomotive's expansion plans as we continue the rollout of our international strategy."

"We are thrilled to be a part of Chicken Soup for the Soul Entertainment. India is arguably the largest and most accessible media market in the world right now. While we will continue to manage the business in India, as part of the Chicken Soup for the Soul Entertainment family, we now have the resources to capitalize on our ambitions and expand more quickly in this market," said Scott Anderson.

"There continues to be a major opportunity to produce high-quality content for platforms and services in India such as Amazon Prime Video, Netflix, Hotstar-Disney+ and others as they now compete for original movies and series so that they can better serve a rapidly growing OTT user base. Production costs are lower in India than in most Western markets, and we can use our development and production capabilities here to meet this growing demand for quality content. We also aim to provide high-quality productions for Chicken Soup for the Soul Entertainment's AVOD networks at lower costs. The AVOD business is primed for growth in India as broadband connectivity, FAST channels and usage of connected televisions are expanding rapidly. Chicken Soup for the Soul Entertainment is the perfect company with which to partner so that we can seize hold of these burgeoning opportunities together," said Sunder Aaron.

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT

Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, Chicken Soup for the Soul Unscripted, APlus.com and Halcyon Television. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

ABOUT LOCOMOTIVE GLOBAL INC.

Locomotive Global Inc. (LGI) was co-founded in 2013 by media and entertainment industry executives Sunder Aaron and Scott Anderson. LGI is a US incorporated company that holds several media assets and operates primarily in the US and India, focused on developing, producing and distributing Indian-themed global quality television and film content for the Indian market and around the world. Through its India based subsidiary, Locomotive Global Media LLP (LGM), LGI incubates and operates its India media business. The company has an active development slate that includes both scripted drama series as well as feature films. LGI also active in programming sales and distribution across broadcast TV and OTT platforms. In 2019, LGI became the exclusive remake rights holder in India for the critically acclaimed CBS Studios International/Showtime drama series Ray Donovan. The series is currently in production for Netflix India. LGI is based in Mumbai, India and Los Angeles, California.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are statements that are not historical facts. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management and are not predictions of actual performance. Such assumptions involve a number of known and unknown risks and uncertainties, including but not limited to our core strategy, operating income and margin, seasonality, liquidity, including cash flows from operations, available funds, and access to financing sources, free cash flows, revenues, net income, profitability, stock price volatility, future regulatory changes, price changes, the ability of the Company's content offerings to achieve market acceptance, the Company's success in retaining or recruiting officers, key employees, or directors, the ability to protect intellectual property, the ability to complete strategic acquisitions, the ability to manage growth and integrate acquired operations, the ability to pay dividends, regulatory or operational risks, and general market conditions impacting demand for the Company's services. For a more complete description of these and other risks and uncertainties, please refer the Company's Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 31, 2021, and for further information regarding our recent acquisition of the Sonar library and related assets, please see our Current Reports on Form 8-K, as amended, filed with the SEC on May 27, 2021 and July 1, 2021. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.





  [october 2021]  
S
M
T
W
T
F
S
     


· SHOWATCH
(series past and present)
· DEVWATCH
(series in development)
· MOVIEWATCH
(tv movies and mini-series)




[02/27/26 - 03:00 PM]
"Survivor 50" Premiere Wins the Night Posting CBS' Most-Watched Wednesday Since 2022
Said premiere averaged 5.06 million viewers, peaking with 6.18 million.
[02/27/26 - 01:28 PM]
Paramount to Acquire Warner Bros. Discovery to Form Next-Generation Global Media and Entertainment Company
The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in Q3 2026, subject to customary closing conditions, including regulatory clearances and approval by WBD shareholders, with a vote expected in the early spring of 2026.
[02/27/26 - 12:30 PM]
The Jaw-Dropping Fifth and Final Season of Starz's Hit Drama Series, "Power Book III: Raising Kanan" Set to Premiere June 12
To date, the series has accumulated over 21 billion minutes viewed across all episodes and remains one of Starz's top-performing series.
[02/27/26 - 09:12 AM]
Team USA Hockey Olympic Gold Medalists Hilary Knight, Jack Hughes and Quinn Hughes to Appear Together on "The Tonight Show Starring Jimmy Fallon" on Monday, March 2
The episode will also feature guests Nicole Kidman, Luke Thompson and a cooking demo by Chef Mario Carbone.

[02/27/26 - 08:12 AM]
Paul Wesley Joins Season Three of Hit Apple TV Series "The Buccaneers"
Wesley will play the role as Frank, a mysterious but charming stranger who arrives into Nan and Mrs. St. George's world, turning it upside down.

[02/27/26 - 07:31 AM]
Peacock to Exclusively Stream Focus Features' "Hamnet" Beginning March 6
Directed by two-time Academy Award-winning director Chloé Zhao, the film tells the untold story behind one of Shakespeare's most memorable works and celebrates the power of imagination and the creative spirit.

[02/27/26 - 07:01 AM]
Prime Video Debuts First-Look Image of Ryan Hurst as Kratos and Callum Vinson as Atreus On Set of New Series "God of War"
The series is co-produced by Sony Pictures Television and Amazon MGM Studios in association with PlayStation Productions and Tall Ship Productions, and has received a two-season order.
[02/27/26 - 06:01 AM]
Video: Netflix and Apple TV Join Forces to Stream Formula 1 Thrills
The entire new season of "Formula 1: Drive to Survive" is now on Netflix globally and Apple TV in the U.S.
[02/26/26 - 08:46 PM]
"Dandelion": Netflix Adapts "Gintama" Creator Hideaki Sorachi's Debut Work into New Anime Series
Set within the Send-Off Department of the Japanese Angel Federation, Dandelion follows "Angels" Tetsuo Tanba and Misaki Kurogane as they scramble to track down Earthbound spirits - souls unable to move on and find peace - and gently guide them to pass on.
[02/26/26 - 06:01 PM]
Video: "Still Shining" - Official Trailer - Netflix
After falling in love as teens, two young adults drift apart - only to reunite 10 years later and confront their heartbreak, growth and new challenges.
[02/26/26 - 02:46 PM]
Netflix Declines to Raise Offer for Warner Bros.
"The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we've always been disciplined, and at the price required to match Paramount Skydance's latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid," said co-CEOs Ted Sarandos and Greg Peters.
[02/26/26 - 02:19 PM]
"Live with Kelly and Mark" Soars to Season High with Best Audience in Over a Year
"Live" has now ranked as the No. 1 talk show in syndication for 157 consecutive weeks across all key measures.
[02/26/26 - 02:08 PM]
Britbox Unveils Spring Slate with "The Lady" Starring Mia McKenna-Bruce; Premieres March 18
Other highlights include the return of "Hope Street" and the debut of "Mudtown."
[02/26/26 - 01:36 PM]
Paramount Comments on Warner Bros. Discovery Board's Determination of Paramount's Proposal as Superior
David Ellison, Chairman and CEO of Paramount, said: "We are pleased WBD's Board has unanimously affirmed the superior value of our offer, which delivers to WBD shareholders superior value, certainty and speed to closing."
[02/26/26 - 01:16 PM]
Warner Bros. Discovery Board of Directors Determines Revised Proposal from Paramount Skydance Constitutes a "Company Superior Proposal"
Under the terms of the Netflix merger agreement, this notice triggers a four business day period during which Netflix has the right to propose revisions to the Netflix merger agreement so that the PSKY proposal would cease to constitute a "Company Superior Proposal."